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Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (4804)	7/2/2003 2:14:17 PM
From: marcos	Read Replies (3) \| Respond to of 8273

'The Olympics can no more lose money than a man can have a baby.' - Jean Drapeau, mayor of Montréal, whose taxpayers are still seeing the bills come due, and more than a few have had a cow over it .... other cities have had better luck before and since, but it does show that the cost/benefit has to be watched closely all the way through, on each expense ..... every bit of brick and mortar has to be designed for subsequent use, because the games themselves are only a few days, poof and they're gone cdu.v - feeling tempted to book a thirty per cent profit on Cardero, and move on ... but it's fairly strong, a bit of volume is back, maybe the original target of one looneyish will work aca.to - sold back to freebies, maybe a little beyond, still haven't read up on the story much .... just not interested in stocks, period ..... feeling a little sheepish over Wheaton, leaving so much on the table, but it's not that

To: Rocket Red who wrote (4804)	7/7/2003 2:08:55 PM
From: E. Charters	Respond to of 8273

Montreal had better than BC's population when it did Expo and that nearly bankrupted Montreal. The Olympics will cost BC 1500 dollars per BC'ite. What they people that award these affairs probably failed to take into consideration, as they were too busy counting bribe money, is that venues like Montana, Wyoming and BC simply do not have the tax base to afford the Olympics. The Olympics would strain the resources of a country like Greece or Czechoslovakia, and they have a few more shekels in toto than BC. BC has doubled in population since 1975, but its industry has declined in total output. Logging is about 1/2 of what is was then, and mining and manufacturing perhaps 15% of its former output if that. BC will be the poor man's Olympics and they will be 25 years paying it off. As well as sales tax they will have to institute a 5% Olympic tax on all salmon over 12 inches, and all trees over 18 inches at the butt. EC<:-}